Like others, I fail to see the relevance to the tax cuts.
But I did see something once that pointed to sharp gas price rise as a leading indicator of a recession.
He isn’t drawing a cause and effect relationship. He is saying that the gas increase will negate whatever savings accrued through the tax cut to the average American.
That seems to be too difficult a concept for some here.
"If gas goes up another dollar, it'll offset the tax cuts." Pathetic.
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is always more demand for gas in a thriving economy.
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The article linking gas prices with tax cuts and saying the higher gas prices would wipe out tax cut benefits is idiotic. The two have nothing to do with each other.
Also the article never said they were connected. Just that one may offset the other. Nothing idiotic about that.
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I laugh because you are acting like the government merely "discovers" the inflation rate by running tests at Fermilab. "It's just a fact."
You don't have to agree with them. Come up with your own measurement if you like.
But you would be wise to leave oil prices out of it if you do.
Look, I understand the logic--volatility. Whatever. It seems disingenuous for them to measure only part of something, and exclude the part of that something that has the most impact on people, and then tell the people that the something in question is not that bad...when they didn't measure the worst part of it.
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positive data and blame Trump. And, you blame him for inflation which is a product of the Federal Reserve's loose money policy (Bush's and Obama's fault) and ever-increasing consumer spending (a good thing).
I will admit my lack of credibility. But it's not as bad as yours.
are warning about it now, and most of them aren’t libs. He may go down as the inflation president.
Since he takes credit for anything good that happens in the economy, he will take the blame for this.
Look, he was handed an economy that was growing, slowly but growing. When you hypercharge it on top of the existing QE issues, you get...........
got elected. A Sanders type would explode it. Check out Venezuela. Remember the misery index under Carter. I believe it was 18% interest rates along with 18% inflation rate.
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I do blame him for increasing the debt which ultimately will continue to increase inflation though.
I think you're better than this, but I am not always right...
If you act like NDinTN and try to give your side credit for every economic benefit, you will catch some of the economic blame from others.
As I recall, you chimed in a few times on our other friend as well.
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